The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that 53.7 million barrels of crude oil and condensate were supplied to domestic refineries between April and June 2026. This supply was executed under the Domestic Crude Supply Obligation (DCSO) framework.
The Q2 2026 performance represents a 97.4% overall compliance rate, according to the NUPRC enforcement statistics published on Monday. The DCSO is administered under Section 109 of the Petroleum Industry Act (PIA) 2021, operating on a willing-buyer, willing-seller model.
Monthly Supply Breakdown for Q2 2026
In April 2026, the NUPRC allocated 18,127,638 barrels to producers. Producers offered 19,312,476 barrels to local refiners, while actual supplies reached 20,879,381 barrels, representing a 114.9% performance against the allocation.
The performance dropped in May 2026, with an allocation of 18,778,392 barrels and offers of 23,187,893 barrels. However, actual supplies stood at 14,228,865 barrels, representing 75.8% compliance.
In June 2026, the allocation was 18,172,638 barrels, with 26,835,119 barrels offered by producers. Refiners ultimately took 18,606,026 barrels, translating to a 102.4% performance rate.
Significant Improvement Over Q1 Performance
The Q2 performance marks a substantial increase from the first quarter of 2026. In Q1, domestic refineries received only 28.5 million barrels of crude oil, despite producers offering 68.7 million barrels.
The NUPRC noted that Q1 allocations stood at 61.9 million barrels, resulting in a supply conversion rate of just 36% to 46%. The commission attributed the Q2 improvement to increased domestic oil production and new long-term bankable Sales and Purchase Agreements.
Dangote Refinery Dominates Domestic Demand
At the individual refinery level, the Dangote Refinery required 63 million barrels of crude oil during the second quarter of 2026. Producers offered the facility 68.1 million barrels, which constituted 98% of all crude volumes offered to local refiners during the period.
The refinery ultimately accepted and processed 52.6 million barrels, representing 78% of the total volume offered to it. The NUPRC reaffirmed its commitment to enforcing the DCSO to ensure national energy sufficiency.
